News
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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Cox Automotive has awarded Linda Silverstein, general manager, remarketing and rental operations, Ford Motor Company, as this year’s Barbara Cox Automotive Woman of the Year.
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Due to the continued demand for larger vehicles, nearly every manufacturer in the U.S. saw higher average transaction prices in January, according to Kelley Blue Book.
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Volkswagen has agreed to pay $1.2 billion to buyers of vehicles powered by its 3.0L V-6 diesel engine that violated emissions regulations in a settlement that must receive a blessing from the U.S. Federal Trade Commission and a federal judge.
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Analysts at Kelley Blue Book reported that average values for one- to three-year-old pickup trucks have remained strong as a result of high demand at auction, despite fuel prices peaking in December 2016.
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The International Automotive Remarketers Alliance’s (IARA) membership renewal and new member enrollment period for North American is now open and is available on the organization's newly designed website.
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While the truck segment had its best week — in terms of vehicle depreciation — last week, luxury cars saw values tumble, according to Black Book’s Jan. 31 Market Insights Report.
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Largo, Fla.-based Fleet Street Remarketing has hired Debbie Struna as national account manager. Struna left her role as Volkswagen of America's fleet account manager for the Pacific Region earlier this month.
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Avis Budget Group Inc. plans to report its fourth quarter and full-year 2016 results after market close on Wednesday Feb. 15.
Read More →America’s Auto Auction acquired Auction Broadcasting Company's eight auctions in the Midwest and Eastern seaboard in a move announced Jan. 27. In a related move, Xcira acquired the intellectual property and some personnel associated with ABC’s auction management system.
Read More →Black Book has introduced Visual Analytics, a subscription-based interactive data solution that enables auto professionals and lenders to easily unearth and gain insights on outcomes leveraging historical, current and projected vehicle and segment valuation data, according to the company.
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